14
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$749,990
Est. payment /mo
3,324 SqFt
Contingent
2809 31st AVE S Minneapolis, MN 55406
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Contingent
Purchase Type For Sale
Square Footage 3,324 sqft
Price per Sqft $225
Subdivision South Minneapolis Add
MLS Listing ID 6697411
Year Built 1969
Annual Tax Amount $11,737
Tax Year 2024
Contingent Inspection
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 48 X 132
Property Sub-Type Quadruplex
Property Description
Turn-Key 4-Plex Investment Opportunity in Longfellow
Rare chance to acquire a solid, all-brick 4-plex in the highly sought-after Longfellow neighborhood. This property features four 2-bedroom units with similar layouts and updated finishes—ideal for reliable, consistent cash flow from day one.
This building offers minimal maintenance and reduced upfront costs. The lower level includes a roughed-in 5th unit with two rooms, egress windows, and an existing bathroom—presenting a significant value-add opportunity (buyer to verify).
An asphalt parking lot at the rear. Located in a strong rental market with high demand and solid long-term appreciation.
Whether you're looking to house-hack, expand your portfolio, or 1031 into a stabilized asset with upside, this one checks all the boxes.
Rare chance to acquire a solid, all-brick 4-plex in the highly sought-after Longfellow neighborhood. This property features four 2-bedroom units with similar layouts and updated finishes—ideal for reliable, consistent cash flow from day one.
This building offers minimal maintenance and reduced upfront costs. The lower level includes a roughed-in 5th unit with two rooms, egress windows, and an existing bathroom—presenting a significant value-add opportunity (buyer to verify).
An asphalt parking lot at the rear. Located in a strong rental market with high demand and solid long-term appreciation.
Whether you're looking to house-hack, expand your portfolio, or 1031 into a stabilized asset with upside, this one checks all the boxes.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Egress Window(s), Partially Finished
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Asphalt, Open
Fence Chain Link, Partial
Roof Type Asphalt
Building
Story Two
Foundation 1632
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
New Construction false
Schools
School District Minneapolis
Listed by Jonathan Soto • RE/MAX Results
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